Sudanese pound and exchange rate divide
The war in Sudan is causing a significant decline in the value of the local currency. The exchange rate for the US dollar in the unofficial markets in areas controlled by the government has exceeded 6,000 pounds, compared to around 4,500 pounds in banks, leading to higher prices for goods and services. In areas controlled by the Rapid Support Forces, especially in Nyala, trading relies on old, unofficial currencies not recognized by the Central Bank, resulting in the Sudanese pound losing up to 400% of its value. Economic experts attribute the decrease in the dollar's price in some regions to the spread of counterfeit currencies and the reduced demand for hard currencies due to cash shortages, along with issues in monetary policy management and a lack of circulating cash caused by looting during the war. Experts advise the government to quickly replace the currency and strengthen the monetary structure to protect citizens' rights, especially in conflict zones.
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